Top US airline industry group Airlines for America has predicted a pickup in air passengers in summer this year.

As per the industry group’s prediction, nearly 209 million people will travel using country’s carriers starting June through August. The projected figure represents a growth of 1 per cent from the corresponding period of the previous year.

Recent news has suggested that the Federal Communications Commission (FCC) is all set to ease pressure on the wireless spectrum by adding more airwaves to it. While talking at CES 2013, it has been said by FCC Chairman Julius Genachowski that they are planning to release as much as 195MHz of 5GHz wireless spectrum so that bar is raised for public Wi-Fi.

Peter “Nsukuzonke” Ndlovu, who is a former professional footballer for Zimbabwe, has got official discharge from hospital, a recent report has uncovered. The international soccer legend has now been recovering in Bulawayo at his own home.

The UK government is reportedly preparing to lift a ban on the controversial shale gas extraction method, called fracking, in a bid to boost production.

With the recently-released Labor Department figures revealing that jobs gains for the month of July topped the economists’ forecast, concerns have somewhat been eased about the US slowdown and the apparently faltering three-year expansion.

Whirlpool Corporation has received a boost in their net income from the first quarter of the year. It is the largest applicant manufacturing firms in the world. This has been a result of the reduction in costs in order to be able to help in managing the increasing costs for the material for production.

Despite of the increasing commodity costs, Nestle, the world's largest food group, has been able to register a strong market and sales growth in its first quarter and it believes that emerging markets and price rises have been the key driver behind it.

The Prime Minister of Greece was of the view that the painful austerity measures taken by the nation are just the beginning of the reforms that shall help in bringing the nation back on its track in terms of economy and finance.

It seems that UK housing market has managed to regain investor’s confidence. As per a  recent survey conducted by Zoopla.co.uk Housing Market Sentiment, over 50% people are positive about the rise in prices of houses in the near future as compared to 25% pessimistic participants.

The Prime Minister of Portugal, Jose Socrates has offered to resign at a European Union summit. The summit was held to address the region’s debt crisis. Following the decision of the Prime Minister, the country has moved closer to an international bailout. Greece and Ireland were forced to seek bailouts last year.